Wednesday 8 July 2015
majority stake

Accenture to launch ME operations

Accenture, a global management consulting, technology services and outsourcing company, said it has joined hands with Saudi-based Al Faisaliah Group to launch its operations in the Middle East region. As per the joint venture agreemen


Qtel concludes Indosat deal

Qatar Telecom (Qtel) has successfully concluded the acquisition of a majority stake in PT Indosat, the second largest mobile operator in Indonesia.  Uppon settlement Qtel will hold a 65 per cent effective stake in Indosat, a statemen


Swicorp snaps up key stake in ME drilling firm

Swicorp Joussour Company has taken a majority stake in Mosvold Middle East Jackup Limited, a jackup drilling rig company. The company, to be operated by Mosvold Shipping Holding, has contracts with Maritime Industrial Services (MIS) for co

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